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He thinks it will eliminate jobs, but we can steer our way out of disaster.

The markets staged a modest rally on Wednesday but assets like Ethereum and Solana have taken a pounding.

World’s richest man had warned he would quit if investors failed to back the largest remuneration package in history

“In the old days, you could be in 10th grade, go get a factory job in Detroit, and eventually you could afford a family, a home, a car, and that may not be true anymore,” Dimon said.

“If you’re in a position like mine, you’ve got to break down those barriers all the time,” Dimon said.